The global energy industry is responsible for providing many of our basic needs - electricity for lights to see at night, heat that keeps our homes warm, and the fuel that powers our
The energy sector or industry includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, and refining. The energy industry also includes
The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries .
4 · To call solar power''s rise exponential is not hyperbole, but a statement of fact. Installed solar capacity doubles roughly every three years, and so grows ten-fold each decade. Such sustained
Explore global energy trends from the latest Statistical Review of World Energy, with record highs in fossil fuel and renewable energy consumption, as well as in carbon emissions.
On June 3, the Minister of Economy, Trade and Industry Ken Saito and the European Commissioner for Energy, Kadri Simson, held a High-Level Hydrogen Business Forum (the "Forum") to deepen their cooperation regarding hydrogen business and technology development in the framework of the EU-Japan Memorandum of Cooperation on
Our overall expectation, based on analysis of the announced spending plans of all the large and medium-sized oil, gas and coal companies, is that investment in unabated fossil fuel supply is set to rise by more than 6% in 2023, reaching USD 950 billion.
The global energy crisis was not a clean energy crisis, but it has focused attention on the importance of ensuring rapid, people-centred and orderly transitions. Three interlinked issues stand out: risks to affordability, electricity security and
What is energy? Forms of energy. Sources of energy. Laws of energy. Units and calculators. Energy conversion calculators. British thermal units (Btu) Degree days. Nonrenewable sources. Oil and petroleum products. Gasoline. Diesel fuel. Heating oil. Nuclear. Renewable sources. Secondary sources.
The U.S. Department of Energy announced $45 million in funding for 12 projects to advance point-source carbon capture and storage technologies.
6 · The U.S. Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor
Investment in energy efficiency and electrification in buildings and industry has been quite resilient, despite the economic headwinds. But most of the dynamism in the end-use sectors is coming from transport, where investment is set to reach new highs in 2024 (+8% compared to 2023), driven by strong electric vehicle (EV) sales.
6 · June 18, 2024 at 9:00 PM PDT. Listen. 3:15. The high cost of energy and carbon have left Europe''s petrochemical industry struggling to compete with the rest of the world, according to Jim
A clean energy revolution is taking place across America, underscored by the steady expansion of the U.S. renewable energy sector. The clean energy industry generates hundreds of billions in economic activity, and is expected
The industrial sector accounted for 37% (166 EJ) of global energy use in 2022, compared to 34% in 2002. Growth in energy consumption over the past decade has been driven largely by continued rising production in energy-intensive industry subsectors.
The report provides a global benchmark for tracking capital flows in the energy sector and examines how investors are assessing risks and opportunities across all areas of fuel and electricity supply, critical minerals, efficiency, research and development and energy finance.
1 · In 2024, the IEA is celebrating five decades as a leader in the global dialogue on energy. Discover the page, including an interactive timeline of fifty years of real-world solutions to help create a secure and sustainable energy future for all.
IEA Key World Energy Statistics (KWES) is an introduction to energy statistics, providing top-level numbers across the energy mix, from supply and demand, to prices and research budgets, including outlooks, energy indicators and definitions.
The Global Energy Perspective 2022 offers a detailed demand outlook across 55 sectors, 70+ energy products, and 146 countries for five key scenarios. This Executive Summary is a selection of key charts and analysis from the outlook. To inquire about the complete Global Energy Perspective 2022, please contact us.
16 · The report arrives as the energy storage industry works to embrace greater responsibility and reduce the environmental impacts from lead, polypropylene, and lithium-ion batteries, the global
U.S. energy supply by types of energy sources and energy consumption by transportation, industrial, commercial, residential, and electric power sectors.
Phoenix Energy Consulting LLC. Passion. Experience. Diligence. Advocating Creative Natural Gas Industry Solutions. Headquartered in Houston, TX with a satellite office in Durango, CO, Phoenix Energy Consulting (PEC) represents creative business solutions for natural gas clients.
1 · The Zacks Oil and Gas - Mechanical and Equipment is a seven-stock group within the broader Zacks Oil - Energy sector. The industry currently carries a Zacks Industry Rank #103, which places it in
Energy experts say Mexico is backtracking on a commitment it made a decade ago under President Felipe Calderón, to generate more than a third of its power from clean energy sources by 2024.
Electricity''s share of the world''s final consumption of energy has risen steadily over recent decades, and now stands at 20%. Its rise accelerates in future years as the pace of transitions picks up. In the NZE, electricity accounts for around 50% of final energy use by 2050 (around 30% in the APS).
Regulatory boosts to renewable energy and transmission buildout could help address grid constraints. And boosts to manufacturing could lay the foundations of a domestic clean energy industry with stronger supply chains supporting solar, wind, storage, and green hydrogen deployment.
Hourly actual and forecast electricity generation and demand by U.S. region and power authority. Annual Energy Outlook 2025. Learn about upcoming changes to the National Energy Modeling System. Wholesale Electricity Market Portal. Access data from the Regional Transmission Organizations and Independent System Operators. Our Experts
17 · Brian Kahn. The Biden administration''s hub to clean carbon from the air in northwest Louisiana is getting company. On Monday, Heirloom Carbon announced that it''s constructing a facility with machines that can remove 17,000 tons of carbon dioxide from the atmosphere annually. The startup counts JPMorgan Chase & Co., Autodesk Inc. and
4 · Find insight on the rig count, the rally in crude prices, BP, renewable energy in Europe and more in the latest Market Talks covering the Energy & Utilities sector.
Cobalt''s pioneering approach to oil exploration was built on the unique idea that an agile company, armed with exceptional human talent, the best available seismic data, outstanding assets and a disciplined business model, can compete with the world''s largest energy companies. At Cobalt, we are discovering opportunity and producing value.
6 · DOL has also invested in a clean energy apprenticeship industry intermediary, Interstate Renewable Energy Coalition, to increase industry awareness, connect employers and labor organizations with
The Global Energy Perspective 2023 offers a detailed demand outlook for 68 sectors, 78 fuels, and 146 geographies across a 1.5° pathway, as well as four bottom-up energy transition scenarios with outcomes ranging in a warming of 1.6°C to 2.9°C by 2100.